KASIKORNBANK (KBank) has been included in the Bloomberg Gender-Equality Index (GEI) in 2021. It is the first and only Thai financial institution to be chosen – for the third consecutive year – reflecting KBank’s outstanding commitment to diversity and promotion of equal opportunity with the aim of improving financial products and creating sustainable value for all stakeholders.
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Kattiya Indaravijaya, KBank Chief Executive Officer, said that KBank operates its business in line with the principles of a Bank of Sustainability for a balance in three dimensions such as the economy, society and environment.
KBank prioritizes diversity management in terms of gender, age, education background, race and culture, etc. among our employees, customers, suppliers, communities and stakeholders in line with the United Nations’ Sustainable Development Goal (SDG) No. 5: Achieve Gender Equality.
As a result, KBank is the first and only financial institution in Thailand to have been included in the GEI, for the third consecutive year, due to its commitment to maintaining gender equality on par with international standards.
In terms of human resource management, KBank promotes equality for women in the workplace and gives them fair and equal opportunity to demonstrate their capacities.
Presently, KBank’s Board of Directors comprises seven female directors, accounting for 39 percent of the total 18 directors.
Both the Chairperson and Chief Executive Officer of KBank are female.
Its share of female in all management positions accounts for 47 percent of total management workforce, and its number of female employees accounts for approximately 70 percent of total staff members, because KBank values diversity and also offers career advancement opportunities for its employees and encourages them to show creative ideas for the improvement of products and services in order to create sustainable value for all stakeholders.
A total of 380 companies spanning more than 50 industries and headquartered in 44 countries across the globe were selected as members of this year’s Bloomberg Gender-Equality Index.
Bloomberg GEI tracks the performance of public companies that disclose information which promotes gender equality, including their statistical data, relevant policies, community engagement, as well as products and services.
The firms included in this assessment must attain scores which are above Bloomberg’s global threshold in terms of disclosure and performance across the framework’s five pillars, namely 1) Female Leadership and Talent Pipeline, 2) Equal Pay and Gender Pay Parity, 3) Inclusive Culture, 4) Sexual Harassment Policies, and 5) Pro-Women Brand.